Market Activity and Context for Gree Electric Appliances Inc of Zhuhai
1. Exchange and Trading Overview
Gree Electric Appliances Inc of Zhuhai (ticker: 000651.SZ) trades on the Shenzhen Stock Exchange. As of 22 December 2025 the closing price was 40.9 CNY. The 52‑week range for the year is 39.2 CNY (lowest) to 48.47 CNY (highest). The market capitalization is 226.5 billion CNY and the price‑to‑earnings ratio stands at 7.17.
2. Recent ETF Coverage
On 25 December 2025 the Selective Consumer ETF (159936), which holds Gree among its top positions, opened unchanged at 2.166 CNY. The ETF’s performance was 116.51 % since inception (6 June 2014) and 3.27 % in the past month. The following day, 24 December 2025, the Selective Consumer ETF (562580) opened 0.32 % higher at 1.245 CNY. In its holdings, Gree was among the stocks whose price declined by 0.22 % during the session.
These movements reflect broader market sentiment toward consumer‑discretionary names, which also included other domestic appliance makers such as Midea Group and BYD. The ETFs’ slight intraday movements suggest that Gree’s share price was relatively flat against the broader consumer‑discretionary benchmark during the reported periods.
3. Industry Position
Gree specialises in the design, manufacture and sale of air‑conditioning units and air‑purifiers. Its product portfolio includes window, split, floor, mobile, mobile‑split and ceiling‑type units. The company’s revenue base and operating scale place it among the leading household durables firms in China.
4. Regional Significance
Guangdong province, home to Gree, hosts the largest concentration of A‑share listed companies in the country. In 2025 the province’s 908 A‑share listed firms accounted for 16.61 % of the national total. Guangdong’s listed companies collectively achieved a cumulative market‑capitalization growth of 24.81 % year‑to‑date, underscoring the strength of the region’s corporate sector.
5. Dividend Environment
A‑share listed companies in China have seen a substantial increase in cash dividends, reaching 2.61 trillion CNY by 22 December 2025—higher than the entire 2024 dividend volume. This trend is driven by regulatory encouragement for “long‑term, multi‑period” dividends and an improving profitability base among large firms. While the specific dividend payout for Gree was not disclosed in the provided data, the prevailing market climate favours companies that maintain stable earnings and a solid capital‑return policy.
6. Summary
Gree Electric Appliances Inc of Zhuhai remains a key component of Shenzhen’s consumer‑discretionary segment. Its stock performance in late December 2025 was largely flat, mirroring the modest movements of ETFs that track the sector. The company operates within a robust Guangdong corporate ecosystem that continues to expand its market capitalization and influence on the national capital market. Additionally, the broader environment of heightened dividend payouts suggests that investors in firms like Gree may anticipate stronger shareholder returns in the coming periods.




